-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GGQOUY0NtYoyS3tnmrJaRDSVo499m6EWbeGyzQUJ2pbAwuLn+tcNXPYoCStJ6Oen +QXI670fXXIzVEYawBU2/Q== 0001104659-08-064820.txt : 20081020 0001104659-08-064820.hdr.sgml : 20081020 20081020160205 ACCESSION NUMBER: 0001104659-08-064820 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081017 FILED AS OF DATE: 20081020 DATE AS OF CHANGE: 20081020 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FAIRPOINT COMMUNICATIONS INC CENTRAL INDEX KEY: 0001062613 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 133725229 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 521 EAST MOREHEAD ST STREET 2: STE 250 CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 7043448150 FORMER COMPANY: FORMER CONFORMED NAME: MJD COMMUNICATIONS INC DATE OF NAME CHANGE: 19980527 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lilly Claude C CENTRAL INDEX KEY: 0001315618 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32408 FILM NUMBER: 081131502 BUSINESS ADDRESS: BUSINESS PHONE: 704-344-8150 MAIL ADDRESS: STREET 1: C/O FAIRPOINT COMMUNICATIONS, INC. STREET 2: 521 E. MOREHEAD STREET, SUITE 250 CITY: CHARLOTTE STATE: NC ZIP: 28202 4 1 a4.xml 4 X0303 4 2008-10-17 0 0001062613 FAIRPOINT COMMUNICATIONS INC FRP 0001315618 Lilly Claude C C/O FAIRPOINT COMMUNICATIONS, INC. 521 E. MOREHEAD STREET, SUITE 500 CHARLOTTE NC 28202 1 0 0 0 Restricted Unit 2008-10-17 4 A 0 637 A Common Stock, par value $0.01 per share 637 13688 D These derivative securities are restricted units representing shares of FairPoint Communications, Inc. common stock, par value $0.01 per share (the "Common Stock"), issued pursuant to the FairPoint Communications, Inc. 2005 Stock Incentive Plan (the "2005 Plan"). These derivative securities are restricted units representing shares of Common Stock and, accordingly, do not have an exercise price or expiration date. On October 17, 2008, a cash dividend was paid on the Common Stock underlying restricted units held by the Reporting Person (the "Units") which were issued under the 2005 Plan. Pursuant to the 2005 Plan, such cash dividend was deemed to have been invested in Common Stock (in the form of restricted units) on such date. The number of restricted units is equal to the value of the cash dividend paid with respect to the Units on the payment date divided by the closing price of the Common Stock on the payment date, rounded up to the nearest whole number of restricted units. The restricted units vest in four equal quarterly installments on the first day of each of the first four calendar quarters following the date the Units were originally issued; however, the shares of Common Stock underlying the restricted units will not be issued until the occurrence of certain events set forth in the restricted unit agreement under which the Units were issued. No consideration was paid for the restricted units. See footnote 3. /s/ Claude C. Lilly 2008-10-20 -----END PRIVACY-ENHANCED MESSAGE-----